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0 pointsshRaj9fEc8Vith7y ago0 comments

it's so sad that from where i live (SEA), 3 times average gdp per capita is no where enough for retirement.

insurance and healthcare system is a joke. so whenever you got health issue, be prepare to spend butt-load of money.

i have no idea how gdp per capita is so low yet people have so much of money (unreported income, corruption probably)

I make about 25 times the national gdp per capita yet i'm just above average in my country.

0 comments

I had 3 times the average national net salary, not GDP, which I guess should be even more. But that income wouldn't have allowed me to retire either. It would allow us (me, my wife and a child) to live a comfortable life though.

As a back of the envelope calculation, if you can live with 30% from the income, one should be able to retire in about 7 years.

momozaur7y ago

What is the formula to compute the 30%, how did you compute it? After you retired, how much (%) of your salary will you be able to spend monthly?

shRaj9fEc8VithOP7y ago

ah i see.

ur-whale7y ago

>it's so sad that from where i live (SEA),

Well then. Move to Romania. Problem solved.

tasuki7y ago

Moving from EU to SEA is easy. Moving from SEA to EU is significantly more difficult.

I'm privileged to be a EU citizen, but not everyone is. Also see: https://www.passportindex.org/byRank.php

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